RespireRx Pharmaceuticals Inc (fka RSPI)

[jerrydylan]

The most bullish thing COR can do now is go up, volume would help. There is a downtrend line from from a rally failure 10-10-06 @ $3.40 right thru 10-26-06 @ $3.15 right thru the secondary news 1-16-07 @ $1.34 that line goes thru $1.10 right about now and I think breaking thru that line takes us quickly to $1.25-1.35 where a little basing would be a good thing. This would begin a reverse head and shoulders, which I think could lead to a much bigger formation with right and left shoulder up around $3 head at $1.25
http://stockcharts.com/education/ChartAnalysis/headShouldersBottom.html